Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Townhouses for Sale in Ottawa
Under $500K

Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Ottawa this band: $475K · 53 active · avg 39 days on market.

Median List Price

$475K

Active Listings

53

Avg Days on Market

39 days

YoY Change

-3.2%

6-Month Median Price Trend

Dec

$484K

Jan

$484K

Feb

$485K

Mar

$485K

Apr

$484K

May

$484K

What is the average townhouse price in Ottawa in 2026?

The benchmark price for a townhouse in Ottawa in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 53 active listings, moving in an average of 39 days on market. Prices are down 3.2% year-over-year.

Is Ottawa a buyer's or seller's market right now?

Ottawa is currently a buyer's market for townhouses in this band. Listings are sitting 39 days on average and prices are 3.2% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Ottawa

46+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Rolled three high-interest credit cards into the mortgage. Cash flow up $640/month. Done in 3 weeks.
Tom B., Refinance, Ottawa

What $475K gets you in Ottawa.

Townhouses in Ottawa priced under $500k are tracking against a CREA MLS® HPI benchmark of $558K for the ottawa area. Within this band the median list comes in near $475K — down 3.2% year-over-year. Active inventory is moving in roughly 39 days.

Typical Size

1,200–2,000 sqft

Bedroom Range

2–4 bedrooms

Ownership Style

Freehold or condo

Sample comparables in this band.

Westboro, Ottawa

$494K

3 bed3 bath1,620 sqft
The Glebe, Ottawa

$494K

3 bed3 bath1,620 sqft
Rockcliffe Park, Ottawa

$493K

3 bed3 bath1,620 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these townhouses are clustered in Ottawa.

Ottawa Townhouse FAQ

What is the median price for townhouses in Ottawa under $500k?

As of 2026-05-01, the median list price for townhouses in Ottawa priced under $500k sits at approximately $475K based on active MLS inventory.

How many townhouses are currently for sale in Ottawa in this price range?

There are roughly 53 active townhouses for sale in Ottawa priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do townhouses stay on the market in Ottawa?

Townhouses in Ottawa priced under $500k are averaging 39 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Ottawa townhouse prices going up or down?

Year-over-year median townhouse prices in Ottawa (this band) are down 3.2%. Six-month trend data is available on this page.

What mortgage do I need to buy a townhouse at this price in Ottawa?

On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active townhouse in Ottawa under $500k.

53 active listings · median $475K. A licensed Ottawa advisor sends the live list within 1 business hour.

Townhouses in Ottawa Under $500K

Median $475K · 53 active

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Step 2 · Lock in financing

Get pre-approved for a $380K mortgage.

Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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